PNM-IA-PNM-2018-02
150 MW hybrid in Mckinley, NM · In queue since July 2018 · Proposed COD June 2021
150 MW
Capacity
2
Components
Solar + Battery
8 years
In Queue
Suspended
IA Phase
Signed Jan 2023
Queue → IA
4y 6m
Total Duration
4y 6m
Interconnection request submitted to ISO/RTO
Project undergoes interconnection studies to assess grid impact.
Typical: 18–36 months
Interconnection agreement executed — binding commitment to build
Typical: 30–60 days (negotiation)
Construction pending
Typical: 18–30 months
Proposed COD: 2021-06-01
The proposed project PNM-IA-PNM-2018-02 is a 150 MW hybrid solar and battery energy storage development in McKinley County, New Mexico. The project, located in the Western region, is being developed by NTUA and is in the Public Service Company of New Mexico (PNM) interconnection queue. The project consists of 75 MW of solar generation paired with 75 MW of battery storage.
The project entered the PNM interconnection queue on July 27, 2018, with a proposed commercial operation date of June 1, 2021. Its interconnection agreement (IA) status is currently listed as "Suspended". The point of interconnection (POI) is the New 115/24.9 kV sub on PNM Yah-Ta-Hey-Pitt Midway 115 kV Line.
Generated from interconnection queue and public data sources
Realization risk through commissioning — schedule slippage, construction cost overrun, and COD probability vs the stated window. The diligence view that determines whether the project comes online when promised. Powered by InfraSure's development-stage modeling stack.
See the full development-risk decomposition for this project.
State
NM
County
Mckinley
Grid Region
Mountain West
Market
—
Developer
NTUA
Utility
Public Service Company of New Mexico
Entity
PNM
Service Type
NRIS
Point of Interconnection
New 115/24.9 kV sub on PNM Yah-Ta-Hey-Pitt Midway115 kV Line
Data Source
LBNL
Composite operating-phase risk view — what this asset's risk profile will look like once it commissions. Climate hazards across its operating life, expected generation variability, and offtake counterparty exposure, decomposed into a single decision-grade score. Powered by InfraRisk.
See the full risk decomposition + scenarios for this project.
Forward generation outlook — first-year production estimate and 10-year P50 trajectory, with curtailment risk decomposed by congestion zone and ranges (P10/P50/P90) across weather, demand, and policy scenarios. Powered by InfraSure's generation modeling stack.
See the full forecast + scenario decomposition for this project.
Forward revenue, first-year DSCR, and construction cost overrun exposure — what determines whether the deal clears its covenants once online. Projected across price, demand, and policy scenarios. Powered by InfraSure's asset cashflow stack.
See the full revenue + DSCR projection for this project.
- ISO / RTO
- MOUNTAIN_WEST
- Trading Hub
- FOURCORNERS
- Hub Confidence
- UNKNOWN
This project's market context is estimated from its Point of Interconnection. Hub and node assignments are approximate and based on geographic inference from the POI substation name.
No Ask reports yet for this entity.
Ask about Project PNM-IA-PNM-2018-02Forward forecasts, scenario decomposition, and risk-decision tooling for this queue project.
